Articles about Initial Public Offering (IPO)

LIC records 18% fall in standalone net profit; announces dividend

31 May 2022

Business
LIC records 18% fall in standalone net profit; announces dividend

State-run insurance giant Life Insurance Corporation of India (LIC) has announced its first quarterly results as a publicly traded company.

LIC IPO debuts on Dalal Street at discounted price

17 May 2022

Business
LIC IPO debuts on Dalal Street at discounted price

Following a much-awaited Initial Public Offering (IPO), LIC has made its debut on Dalal Street.

Subscriptions for LIC IPO open: Everything you need to know

04 May 2022

Business
Subscriptions for LIC IPO open: Everything you need to know

Subscription for the Initial Public Offering (IPO) of India's insurance behemoth Life Insurance Corporation (LIC) has opened today. The bidding will remain open for the general public till May 9.

Ahead of IPO, anchor investors show massive interest in LIC

26 Apr 2022

Business
Ahead of IPO, anchor investors show massive interest in LIC

The Life Insurance Corporation of India's (LIC) initial public offering (IPO) is set to be launched on May 4 and will remain for subscriptions until May 9, PTI reported.

Paytm debuts on NSE, BSE: Find all key details here

18 Nov 2021

Business
Paytm debuts on NSE, BSE: Find all key details here

Today, the financial sector is clamoring about India's biggest initial public offering (IPO). Mobile payment platform Paytm's parent firm, One97 Communications, will debut on Dalal Street.

Nykaa founder Falguni Nayar now India's wealthiest self-made woman billionaire

10 Nov 2021

Business
Nykaa founder Falguni Nayar now India's wealthiest self-made woman billionaire

Indian beauty start-up Nykaa's shares made a strong debut on the Indian stock exchanges on Wednesday following an IPO. The stock traded at a premium of 82% on the NSE over its IPO issue price of Rs. 1,125 per share.

Paytm IPO Live Updates: All about India's largest-ever IPO

10 Nov 2021

Business
Paytm IPO Live Updates: All about India's largest-ever IPO

Subscriptions to Indian digital payment giant Paytm's $2.5 billion initial public offering slowed down on the second day of share sale because analysts voiced concerns about the company's profitability.

Zomato makes stellar stock market debut; lists at 53% premium

23 Jul 2021

Business
Zomato makes stellar stock market debut; lists at 53% premium

Shares of food delivery giant Zomato Friday made a stellar debut on stock markets as the company created history by becoming the first Indian unicorn to go public.

Alibaba founder suspected to be missing after criticizing Chinese government

04 Jan 2021

World
Alibaba founder suspected to be missing after criticizing Chinese government

Chinese billionaire Jack Ma has not been seen in public for more than two months now, a development that has sparked questions about his whereabouts.

Ahead of its IPO next year, Zomato raises $660 million

19 Dec 2020

Business
Ahead of its IPO next year, Zomato raises $660 million

Zomato has raised $660 million as part of its primary financing round, giving the Gurugram-based food tech unicorn a valuation of $3.9 billion, the company's founder and CEO, Deepinder Goyal, said on Twitter.

NewsBytes Briefing: Microsoft 365 suffered an outage, and more

29 Sep 2020

Technology
NewsBytes Briefing: Microsoft 365 suffered an outage, and more

Last night, Microsoft 365 suffered a major outage due to an internal change and left essential web services down for hours, including Microsoft Office 365, Teams, and Outlook.

End of TikTok's woes? Trump approves Oracle's bid for TikTok

20 Sep 2020

Business
End of TikTok's woes? Trump approves Oracle's bid for TikTok

TikTok finally appears to be finalizing a way to prevent itself from getting banned in the United States.

NewsBytes Briefing: Apple releases iOS 14, iPadOS 14, and more

17 Sep 2020

Technology
NewsBytes Briefing: Apple releases iOS 14, iPadOS 14, and more

Last night, Apple started rolling out its latest operating system for mobile and tablets, the iOS 14 and iPadOS 14.

Warren Buffett's Berkshire Hathaway investing $570mn in Snowflake

10 Sep 2020

Business
Warren Buffett's Berkshire Hathaway investing $570mn in Snowflake

In a major, albeit surprising, move, Berkshire Hathaway, the multinational conglomerate led by investing legend Warren Buffett, has confirmed the plan to infuse nearly $570 million into Snowflake, a cloud data-warehousing unicorn in the US.

Zomato raises Rs. 760 crore from Tiger Global: Details here

10 Sep 2020

Business
Zomato raises Rs. 760 crore from Tiger Global: Details here

In a major step forward, Zomato has raised Rs. 760 crore ($102 million) in funding from US-based investment firm Tiger Global Management.

Explained: The rise and fall of Yes Bank

06 Mar 2020

Business
Explained: The rise and fall of Yes Bank

Yes Bank depositors panicked when on Thursday, the Reserve Bank of India (RBI) capped cash withdrawals at Rs. 50,000.

WeWork appoints real estate veteran Sandeep Mathrani as CEO

03 Feb 2020

Business
WeWork appoints real estate veteran Sandeep Mathrani as CEO

WeWork, the American start-up that provides shared workspaces, has appointed real estate veteran Sandeep Mathrani as its new CEO.

5 big takeaways of Nirmala Sitharaman's budget you should know

01 Feb 2020

India
5 big takeaways of Nirmala Sitharaman's budget you should know

Finance Minister Nirmala Sitharaman presented her second Union Budget at a time when the Indian economy is struggling, raising concerns among world bodies like the International Monetary Fund (IMF).

Budget 2020: Government to sell LIC holdings through IPO

01 Feb 2020

Business
Budget 2020: Government to sell LIC holdings through IPO

Announcing the Union Budget 2020-21 on Saturday, Finance Minister Nirmala Sitharaman said that Life Insurance Corporation of India will now be listed on stock exchanges.

Soon, Ola might lay off nearly 350 employees: Here's why

29 Nov 2019

Business
Soon, Ola might lay off nearly 350 employees: Here's why

After barging into categories like financial services and car rentals, ride-hailing giant Ola is looking to focus more on growth and profitability.

T-Mobile's John Legere could be WeWork's next CEO

12 Nov 2019

Business
T-Mobile's John Legere could be WeWork's next CEO

From an imploded IPO to allegations of sexism, unprofessional culture and layoffs, WeWork has faced a lot of flak lately.

WeWork CEO wants to live forever, be the "World's President"

21 Sep 2019

Business
WeWork CEO wants to live forever, be the "World's President"

Earlier this year, a New York Magazine profile on WeWork CEO Adam Neumann painted him as quite the party boy with company events boasting free-flowing beer kegs, weed or some such.

Uber's employee, now a billionaire, was hired through a tweet

13 May 2019

Business
Uber's employee, now a billionaire, was hired through a tweet

Ryan Graves is today the founder and CEO of investment firm Saltwater Capital, and a very rich man. According to Forbes, Graves' net worth is around $1.5 billion (Rs. 10,490 crore).

Samsung might collaborate with Pokemon Go creator for 'exclusive games'

29 Nov 2018

Business
Samsung might collaborate with Pokemon Go creator for 'exclusive games'

In a bid to differentiate itself from other phone makers, Samsung could add some 'exclusive games' into its upcoming Galaxy devices.

#FinancialBytes: 5 investment classes with most risk (and high return)

25 Nov 2018

Business
#FinancialBytes: 5 investment classes with most risk (and high return)

When it comes to investment, people have so many options today that some may even find it a little confusing to choose one.

Xiaomi creates new managerial positions to foster leadership

15 Sep 2018

Business
Xiaomi creates new managerial positions to foster leadership

Amid increased scrutiny of governance and succession in mega Chinese tech firms, smartphone maker Xiaomi has announced that it is looking to create new managerial positions to build a second tier of leadership under CEO Lei Jun.

Alibaba co-founder Jack Ma to step down in September 2019

10 Sep 2018

Business
Alibaba co-founder Jack Ma to step down in September 2019

Alibaba co-founder Jack Ma, one of the world's richest business executives, has announced that he will step down as the executive chairman of Alibaba in September 2019.

Alibaba's Jack Ma isn't retiring, will announce his succession plans

09 Sep 2018

Business
Alibaba's Jack Ma isn't retiring, will announce his succession plans

Refuting an NYT report which claimed Jack Ma would be retiring from Executive Chairmanship of Alibaba group on Monday, South China Morning Post, a newspaper owned by the company, reported on Sunday that he would instead unveil his succession plans.

Workplace messaging service Slack is raising $400mn in new round

08 Aug 2018

Business
Workplace messaging service Slack is raising $400mn in new round

On the back of acquiring its rivals just a couple of weeks back, workplace messaging service Slack is reportedly raising more funding, this time around $400mn.

The Flipkart dream: Move aside, make room for nerds

09 May 2018

Business
The Flipkart dream: Move aside, make room for nerds

When as a child you were told by your parents to chase the IIT dream, they were not wrong.

Xiaomi files for the biggest Chinese tech IPO since 2014

03 May 2018

Business
Xiaomi files for the biggest Chinese tech IPO since 2014

Chinese consumer electronics company Xiaomi has filed for an initial public offering (IPO) in Hong Kong Exchanges and Clearing (HKEX).

Looking at Mukesh Ambani's life journey on his 61st birthday

19 Apr 2018

Business
Looking at Mukesh Ambani's life journey on his 61st birthday

Mukesh Ambani is one name that demands respect and envy at the same time. As India's richest businessman, thousands want to live his extra-ordinary life, and an equal number aspire to become as successful as he is.

Spotify goes public, valued at $26.6 billion

04 Apr 2018

Business
Spotify goes public, valued at $26.6 billion

In a unique IPO approach, Spotify is going the direct listing route instead of traditionally selling its shares on the stock market.

Uber exits South-East Asia, selling its operations to rival Grab

26 Mar 2018

Business
Uber exits South-East Asia, selling its operations to rival Grab

After exiting China and Russia, Uber Inc. is now selling its South-East Asia operations including ride-share and food delivery business to regional rival Grab.

Spotify is coming to India soon, confirms CEO Daniel Ek

16 Mar 2018

Business
Spotify is coming to India soon, confirms CEO Daniel Ek

Speaking to investors during an annual event, Spotify co-founder and CEO Daniel Ek has said that the company is "working on launching" its service in some countries including India.

Xiaomi to enter US smartphone market as early as 2018

09 Mar 2018

Business
Xiaomi to enter US smartphone market as early as 2018

After its remarkable success in India and the expansion into Western Europe, Xiaomi eyes the US market as it gears for an IPO to raise $10 billion or more in Hong Kong, later this year.

Dropbox files for IPO, to raise $500 million

24 Feb 2018

Business
Dropbox files for IPO, to raise $500 million

File syncing service Dropbox has filed for an initial public offering (IPO).

OrCam: This lesser-known company got a $1 billion valuation

20 Feb 2018

Business
OrCam: This lesser-known company got a $1 billion valuation

OrCam Technologies Ltd., an Israeli company developing technology for visually impaired people, has been valued at $1 billion after completing a funding round of $30.4 million.

South Western Railways announces 21 unreserved vacancies: Details here

25 Jan 2018

India
South Western Railways announces 21 unreserved vacancies: Details here

The South Western division of Indian Railways has announced 21 unreserved vacancies for candidates under sports quota.

6 most profitable smartphone companies

01 Jan 2018

Business
6 most profitable smartphone companies

Research firm Counterpoint, in its latest study, has ranked global smartphone manufacturers in terms of their profitability.